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Research & education only — not financial advice. EDGAR is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates — see Disclosures. Do your own research.

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Home›Stocks›TPB

TPB

Turning Point Brands, Inc.

Next earnings Aug 3, 2026 · consensus $0.56 EPS, $130M rev

Last earnings +11.0% on 2026-05-07

Buy
$87.02
▲ 0.00%
$87.02▲ +16.43%
over 1Y
L $70.52EODHDH $142.70
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.0%
1W+15.3%
1M-3.2%
3M+2.0%
YTD-20.9%
1Y+16.4%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Buy
Quality
B+
Valuation
Undervalued
Filings
Clean
Buy
Conviction
Horizon
Medium (3–12mo)
Street · 9 analysts
Buy

Revenue grew 28.4% YoY.

Revenue (FY2025) $463M · FY2025

The read

Quality fundamentals and an attractive price line up (~36% below fair value) — the rarer case where both the business and the entry look good.

Turning Point Brands, Inc. shows $463M in FY2025 revenue (+28.4% YoY), a 12.6% net margin, and 15.6% ROE.

Financials · annual, by fiscal year

Line itemFY21FY22FY23FY24FY25
Revenue$445M$321M$325M$361M$463M
Gross profit$218M$178M$183M$202M$264M
Operating income$90.3M$74.0M$83.0M$80.8M$95.3M
Net income$52.1M$11.6M$38.5M$39.8M$58.2M
Diluted EPS$2.52$0.64$2.01$2.14$3.11
Net margin11.7%3.6%11.8%11.0%12.6%

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value$1.74B
EV / EBITDA17.1
EV / Sales3.8
EV / FCF39.6
P / FCF38.0
PEG (trailing)0.61
Earnings yield3.5%
FCF yield2.6%

Quality & risk

ROIC (est.)11.3%
Free cash flow$43.8M
Total debt$294M
Net cash-$70.9M
Altman Z-Score4.47 safe
Piotroski F-Score5/9

Capital returns

Buyback yield0.0%
Dividend yield (est.)0.3%
Shareholder yield0.3%
Shares Δ YoY+7.9%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Routine disclosure cadence — no material red flags in recent filings.
  1. 10-Q Quarterly report2026-05-08
  2. 8-K Earnings results2026-05-07
  3. 8-K Shareholder vote2026-05-05
  4. DEF 14A Proxy statement2026-03-25
  5. 8-K Earnings results2026-03-02
  6. 10-K Annual report2026-03-02
  7. 8-K Other event2025-11-05
  8. 8-K Earnings results2025-11-05
  9. 10-Q Quarterly report2025-11-05

Recent filings

all on EDGAR ↗
SCHEDULE 13GFiling2026-05-15open ↗4Period ending 2026-05-112026-05-13open ↗4Period ending 2026-05-122026-05-13open ↗4Period ending 2026-05-112026-05-13open ↗4Period ending 2026-05-112026-05-13open ↗4Period ending 2026-05-112026-05-13open ↗4Period ending 2026-05-112026-05-13open ↗4Period ending 2026-05-112026-05-13open ↗4Period ending 2026-05-112026-05-13open ↗4Period ending 2026-05-112026-05-13open ↗10-QPeriod ending 2026-03-312026-05-08open ↗8-KPeriod ending 2026-05-072026-05-07open ↗

Quality score

B+
ValueGrowthProfitHealthMom.
ValueC+
GrowthA+
ProfitabilityA-
Financial healthB+
Momentum—
  • ✓Revenue growing year-over-year
  • ✓Profitable (positive net income)
  • ✓Net margin above 10%
  • ✓Return on equity above 15%
  • ✓Liabilities below 2× equity
  • ✗P/E below 25

Fair value est.

$118.18

Undervalued +36% vs price

cheapfair valueexpensive

Modified Graham: EPS $3.11 × (8.5 + 1.5 × 22.0% growth) × 1.00 quality = 38.0× multiple. An estimate, not a price target.

Revenue
$463M
+28.4% YoY
Net margin
12.6%
ROE
15.6%
P/E
28.0

SEC fundamentals · FY 2025

'21'22'23'24'25

■ revenue · ■ net income, by fiscal year

Revenue$463M+28.4%
Net income$58.2M+46.1%
Gross profit$264M+31.1%
Operating income$95.3M+17.9%
Diluted EPS$3.11+45.3%
Cash & equivalents$223M+355.2%
Total assets$764M+54.8%
Total liabilities$392M+29.3%
Stockholders' equity$372M+95.4%
Gross: 57.1%Op.: 20.6%L/E: 1.05x

Frequently asked

Is Turning Point Brands, Inc. (TPB) a buy?
TPB currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Revenue grew 28.4% YoY.
What is TPB's fair value?
A Modified-Graham model based on TPB's SEC fundamentals estimates a fair value of about $118.18. It is an estimate from reported earnings, not a price target.
Is TPB overvalued or undervalued?
Against a Modified-Graham fair-value estimate, TPB currently appears undervalued relative to its SEC-grounded earnings power.
What is Turning Point Brands, Inc.'s quality score?
TPB scores 78.25490196078432/100 (grade B+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0001290677, latest 10-Q filed 2026-05-08) · EODHD · as of 6/26/2026, 6:48:32 PM.

Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Insider activity

Form 4 · SEC

Last 90 days: 0 open-market buys · 1 sale

2026-05-12
Wigginton Brian
Sr VP Finance & CAO
Sell4.00K @ $91.67$367K
2026-05-11
Reddy Rohith
Director
Award1.29K @ $92.71$120K
2026-05-11
Wexler Lawrence
Director
Award1.29K @ $92.71$120K
2026-05-11
Shanahan Kathleen M
Director
Award1.29K @ $92.71$120K
2026-05-11
Usher Stephen
Director
Award1.29K @ $92.71$120K
2026-05-11
Diao H.C. Charles
Director
Award1.29K @ $92.71$120K
2026-05-11
Frushone Ashley Davis
Director
Award1.29K @ $92.71$120K
2026-05-11
Catsimatidis John A. Jr
Director
Award1.29K @ $92.71$120K

Dividends

Quarterly
Yield (TTM)
0.4%
Annual / share
$0.31
Last ex-date
2026-06-18
Last amount
$0.08
ex 2026-06-18paid 2026-07-10$0.08
ex 2026-03-20paid 2026-04-10$0.08
ex 2025-12-19paid 2026-01-09$0.08
ex 2025-09-19paid 2025-10-10$0.08
ex 2025-06-20paid 2025-07-11$0.08
ex 2025-03-21paid 2025-04-11$0.08

Source: EODHD. Yield = trailing-12-month dividends ÷ price.

Earnings history

beat/miss · move
2026-05-07Beat +2.6% est▲ +11.03%8-K ↗
2026-03-02Beat +7.3% est▼ -20.79%8-K ↗
2025-11-05Beat +27.8% est▲ +6.28%8-K ↗
2025-08-06Beat +19.0% est▲ +14.22%8-K ↗
2025-05-07—▲ +24.83%8-K ↗
2025-03-06—▼ -8.15%8-K ↗

Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.

Recent news

market news →
Sin Stocks Under the Microscope: Risks, Returns & RealityBullish
finance.yahoo.com· 2026-06-09
Turning Point Brands Inc. (TPB): A Top Sin Stock to Buy On Growing Nicotine Pouch OpportunityBullish
finance.yahoo.com· 2026-06-03
Is Dave Stock a Buy After Hedge Fund Divisadero Street Doubled Its Stake?Bullish
finance.yahoo.com· 2026-05-21
AIR Global PLC: Global Shisha Leader Expands Into Premium Device-Led Inhalation Markets – Initiation ReportBullish
finance.yahoo.com· 2026-05-11
Why This Fund Trimmed $4 Million of Turning Point Brands Despite Surging Oral Nicotine SalesBullish
nasdaq.com· 2026-05-10
Why This Fund Trimmed $4 Million of Turning Point Brands Despite Surging Oral Nicotine SalesBullish
finance.yahoo.com· 2026-05-10

Vs tracked universe

compare →

1044 tracked peers · median

EDGAR Score78 vs 67
Revenue growth28.4% vs 7.1%
Net margin12.6% vs 10.5%
Return on equity15.6% vs 12.3%
P/E28.0 vs 25.5

News sentiment

EODHD · 9d
Bullish
+0.17
vs typical · 11 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.